EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

An ascending movement upwards to the next resistance at 0.92351 will persist.

Caution: A possible change in the direction of the support level at 0.92169 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Bearish SBS White Lines’ chart pattern is found. The chart shows ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.92351 – 0.92315 – 0.92148 – 0.92169 – 0.92143 – 0.91969 —
0.92330 – 0.92294 —
55.143204270208 – 49.391047809179 —
– —
0.92351 – 1776346200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –